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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 551,681 $ 56,989
Accounts receivable, net of allowances of $3,697 and $4,371, respectively 658,318 642,280
Other receivables 13,493 15,496
Syndicated programming rights 44,064 53,100
Prepaid expenses and other current assets 36,152 19,724
Total current assets 1,303,708 787,589
Property and equipment    
Land 86,447 86,447
Buildings and improvements 346,341 341,112
Equipment, furniture and fixtures 625,754 615,531
Construction in progress 8,649 10,761
Total 1,067,191 1,053,851
Less accumulated depreciation (610,138) (586,656)
Net property and equipment 457,053 467,195
Intangible and other assets    
Goodwill 2,981,587 2,981,587
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $348,087 and $298,593, respectively 2,381,606 2,441,488
Right-of-use assets for operating leases 78,448 87,279
Investments and other assets 126,494 152,508
Total intangible and other assets 5,568,135 5,662,862
Total assets 7,328,896 6,917,646
Current liabilities    
Accounts payable 76,212 72,996
Accrued liabilities    
Compensation 50,339 55,179
Interest 45,480 45,905
Contracts payable for programming rights 117,743 98,534
Other 78,265 91,098
Income taxes payable 22,985 11,420
Total current liabilities 391,024 375,132
Noncurrent liabilities    
Net deferred income tax liabilities 556,131 548,374
Long-term debt 3,069,316 3,231,970
Pension liabilities 73,684 58,063
Operating lease liabilities 79,503 88,970
Other noncurrent liabilities 70,098 79,102
Total noncurrent liabilities 3,848,732 4,006,479
Total liabilities 4,239,756 4,381,611
Commitments and contingent liabilities (see Note 11)
Redeemable noncontrolling interest (see Note 1) 17,418 16,129
Shareholders’ equity    
Common stock of $1 par value per share, 800,000,000 shares authorized, 324,418,632 shares issued 324,419 324,419
Additional paid-in capital 27,941 27,941
Retained earnings 7,898,055 7,459,380
Accumulated other comprehensive loss (125,533) (97,216)
Less treasury stock at cost, 100,970,426 shares and 103,012,455 shares, respectively (5,053,160) (5,194,618)
Total equity 3,071,722 2,519,906
Total liabilities, redeemable noncontrolling interest and equity $ 7,328,896 $ 6,917,646